Term extension request

You can find this in your hub, on your mortgage statement or mortgage Offer.

We’ll post you a letter which you’ll need to sign and return to us to confirm you're happy with the new term and monthly payment. To save time, tell us your email address and we'll send you a link so you can upload your signed letter.

You're unable to extend your term past the eldest borrower's expected retirement age or their 75th birthday, whichever is earlier.

1. Bank of Ireland UK hasn't recommended this option for me, and I’ve read the Execution Only Disclosure (PDF).

2. I've read the information on the Bank of Ireland UK website and know how extending my mortgage term will affect me.

3. I'm applying for help with my residential mortgage and my mortgage payments are up to date.

4. I can only apply for a term extension once.

5. The term I've asked for doesn't go over 35 years since the start of my current mortgage.

6. The term I've asked for doesn’t take the eldest borrower past 75 years of age or their expected retirement age, whichever is earlier.

7. I’ll pay more interest overall as I'll be paying my mortgage over a longer period. This means the total cost of my mortgage will also be more.

8. I and any joint borrower must sign a letter from Bank of Ireland UK, giving my/our written consent to extend the mortgage term.

9. Within the first six months, I can choose to reverse my term extension without an affordability check, or my credit score being negatively affected.

10. My circumstances will be assessed, an affordability check will be carried out and my credit score may be affected if I want to reduce my term after six months. I may also need to send documents such as proof of income.

11. I must contact you if I want to reduce my term.